Devry (DV) – 03-04-2010
A long time ago, when I was an intern, they started building a Devry next to my company. “Who actually goes to Devry?” I snickered. “I went to Devry,” said a sheepish senior coworker. I learned to watch what I say that day, but I also learned that Devry is a decent option as what I consider a white collar vocational school, if that makes sense.
When unemployment is over 10%, you have a lot of people trying to figure out how to make themselves stand out to employers. You also have people forced into contemplating career changes. Sounds good for schools that are fast and cheap, right?
DV had a breakout earlier in the year, and is just starting to run again. It’s not really at a buy point right now, but this is one of those group watches. APEI, CPLA, STRA, etc. are all stocks with nice earnings in a similar vein. I’m just partial to DV since I have some history with it.
Baidu (BIDU) – 02-22-2010
Baidu doesn’t need much company info since everyone that follows internet stuff already knows them well. BIDU has too crazy of a chart to try to mark up. The interesting thing is that the stock has exploded since the crash when it was at $100, but the P/E has been keeping pace. #1 on the IBD list now, it will probably become even more volatile in the near future. Good for swing trading or as a long term play at the right entry.
VanceInfo Technologies (VIT) – 01-29-2010
VIT is just an IBD stock with a nice chart. A low volume sell-off that matches the market is a good swing trade opportunity. With an obvious upside that’s at least 3R, it’s something to consider.
Rackspace (RAX) – 01-25-2010
Rackspace is a name that anyone who does anything on the web probably already knows. Their numbers are decent, but the thing that caught my screen is the steep slope up on the P/E. It started below 30 at the IPO, and has slowly climbed up over 90. It’s also an IBD stock with a sizeable short %. If the market should drop, these are the types of stocks that eat it the most in the beginning. And on the flip side, I also like these types of stocks to have that big correction and show up on the IBD list a year later with a nice cup with handle or double bottom breakout. No solid triggers for RAX yet, but it’s definitely on my watch list.
SmartHeat (HEAT) – 01-21-2010
HEAT is #2 on the IBD list this week, so it has all those IBD type numbers. $13-14 provided some resistance last quarter and looks like it’s held some support over the past month. It had a sizeable drop today, but without the volume to back it. It definitely has some potential for quick gains, but of course that also means the potential for quick losses if played poorly. Just another one to think about though…
China Sky One Medical (CSKI) – 01-21-2010
China Sky One Medical. Not for the faint of heart. They have solid earnings, revenue, and a strong balance sheet, but I’m not sure I’d totally trust a tiny Chinese company’s numbers. I’m mainly looking at the chart for potential though. With over 10% short and a good history of movement over the past quarter, CSKI may be an interesting stock to play on bounces. $19 looks like a line of support, so pay attention to this guy if the market cooperates.